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Eurozone crisis live: UK manufacturing slump raises risk of triple-dip – The Guardian

“In Greece, [Buchheit] says, there is more to do. Yes, it has slashed its debts but much of it has simply been transferred into loans from public institutions. “To be made presentable again to the markets, you are going to have to do something with that debt stock, otherwise it hangs like a miasmic cloud […]

UPDATE 1-Suitors eye Commerzbank UK property loans-sources – Reuters

Tue Mar 12, 2013 8:01am EDT * UK commercial real estate loans portfolio for sale * Portfolio classified as “higher risk” by Commerzbank * Portfolio was once part of real estate unit Eurohypo FRANKFURT, March 12 (Reuters) – Private equity firms and property lenders have expressed interest in bidding for a 5 billion pound ($7.5 […]

U.K. Industrial Output Unexpectedly Falls as Oil Platform Halts – Bloomberg

U.K. Industrial Output Unexpectedly Falls as Oil Platform Halts – Bloomberg

U.K. industrial production unexpectedly fell in January as factory output slumped, fueling concerns that Britain may slip into a triple-dip recession. Production dropped 1.2 percent from December, when it jumped 1.1 percent, the Office for National Statistics said today in London. The median forecast in a Bloomberg News survey of 29 economists was for a […]